Pollux Properties Forecasts Higher Net Profit in 2025; Shares Zoom 46%

MT Newswires

02/25

Pollux Properties (SGX:5AE) is expecting a "significant improvement" in its net profit for 2025 compared with a year earlier, according to a Tuesday filing with the Singapore Exchange.

Shares of the property investment firm surged over 46% in Wednesday trading.

The company has attributed this to fair valuation of its investment properties and a decrease in finance costs.

The company is expected to release its results on or before March 1.

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